252761MN_Consent_of_Surety_to_Final_Pymt__UPC_Transit_Shelter_12-01-25.pdf

This is a Consent of Surety to Final Payment form executed by Sarasota County Government for a Unit Price Contract (UPC) for Transit Shelter and Shelter Pad Installation. The form documents the surety company's approval of final payment to the contractor while maintaining the surety's ongoing obligations under the performance and payment bond. The contract involves the installation of prefabricated bus shelters and concrete pads at multiple transit stops throughout Sarasota County and the Siesta Key CDP, with an anticipated initial three-year term. Bids were due by March 10, 2026, through the OpenGov Procurement portal, with award made to the lowest responsive and responsible bidder. The project requires contractors to be licensed general contractors with demonstrated experience in grading, concrete pad removal and replacement, transit shelter installation, and metal structure finishing.

Performance and payment bonds are required for work assignments exceeding $200,000, with a minimum bonding capacity of $1,000,000 demonstrated through a Letter of Bondability at bid submission. The contract incorporates Davis-Bacon prevailing wage requirements with rates established by U.S. Department of Labor Wage Decision FL20260269, ranging from $15.54 to $33.61 per hour plus applicable fringe benefits. No local or American business preference set-asides apply due to federal grant funding requirements, though Disadvantaged Business Enterprise participation goals are set at one percent overall. Payment is made exclusively on a unit price basis for actual quantities of work performed or materials furnished through formal work assignment forms. Comprehensive insurance requirements include Workers' Compensation with $500,000 employers liability limits, Commercial General Liability of $1,000,000 per occurrence and $2,000,000 aggregate with Sarasota County named as additional insured, Business Automobile Liability of $1,000,000 combined single limit, and Umbrella/Excess Liability of $2,000,000 per occurrence and aggregate.